16min chapter

Bankless cover image

192 - Cryptodollars Are the New Eurodollars with Nic Carter

Bankless

CHAPTER

The Rise of Stablecoins in 2023

This chapter explores the evolving role of stablecoins as a central focus in the cryptocurrency landscape, highlighting their growing community and importance in the financial ecosystem. It discusses their utility as a settlement mechanism in unstable regions and critiques misconceptions surrounding these assets in comparison to traditional currencies. The speakers emphasize the necessity for a clearer understanding of stablecoins, advocating for their recognition beyond speculative metrics.

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